Private Advisor Group LLC Has $8.45 Million Stock Holdings in iShares U.S. Home Construction ETF (BATS:ITB)

Private Advisor Group LLC lifted its position in iShares U.S. Home Construction ETF (BATS:ITB) by 5.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 81,730 shares of the exchange traded fund’s stock after acquiring an additional 4,466 shares during the period. Private Advisor Group LLC owned approximately 0.32% of iShares U.S. Home Construction ETF worth $8,450,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Golden State Wealth Management LLC acquired a new stake in shares of iShares U.S. Home Construction ETF in the 4th quarter valued at approximately $28,000. Larson Financial Group LLC raised its position in shares of iShares U.S. Home Construction ETF by 3,425.0% in the 3rd quarter. Larson Financial Group LLC now owns 282 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 274 shares during the period. Blue Trust Inc. acquired a new stake in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at approximately $37,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at approximately $40,000. Finally, FSA Wealth Management LLC acquired a new stake in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at approximately $46,000.

iShares U.S. Home Construction ETF Price Performance

Shares of BATS:ITB opened at $98.25 on Friday. The company has a market capitalization of $2.50 billion, a price-to-earnings ratio of 11.56 and a beta of 1.41. The firm’s 50 day simple moving average is $105.18 and its 200 day simple moving average is $115.23. iShares U.S. Home Construction ETF has a fifty-two week low of $31.19 and a fifty-two week high of $46.56.

About iShares U.S. Home Construction ETF

iShares U.S. Home Construction ETF, formerly iShares Dow Jones U.S. Home Construction Index Fund, seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Home Construction Index (the Index). The Index measures the performance of the home construction sector of the United States equity market, and includes companies that are constructors of residential homes, including manufacturers of mobile and prefabricated homes.